If the income requirements are met, credit looks good, and employment history ( at least 6 months +) at the same job, move forward with the applicant and request additional deposit.That's an old eviction IMO.I have a current tenant that I leased to with low 500 credit.

Per lender's requirement, the title is held by individuals as "tenants in common" rather than LLC.

Lending to Entities Only: (Not required but think carefully.)

They may cost more upfront, and require more work, but you'll see higher returns long term.

Are there any loans out there that require less than 10% down?

Some banks required us to get full apprasial if loan was over a certain amount 500k. 5.

• Who is responsible for pulling permits (if required)?

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

You really shouldn’t be running your business on a stranger googling answers for you but…the google says:  Depending on the rental agreement, Georgia landlords typically must provide a 60-day notice for lease renewals or terminations, while tenants generally need to give only a 30-day notice for lease termination.Jan 18, 2024If a new lease is not signed, and the landlord continues to accept monthly rent, the terms of the original lease still apply, except the landlord is required to give sixty (60) days' notice before she can terminate the lease or change the terms, and you (the tenant) are required to give thirty (30) days' notice before leaving.So you can’t non-renew until the end of April and you can’t even increase the rent until then.

Also do research on what's required to properly manage a LLC so the veil cannot be pierced.